Southern First Bancshares, Inc. (SFST) — Financial statements
Income statement, balance sheet, and cash flow for Southern First Bancshares, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 225↑5.3% | 213↑13.8% | 187↑46.9% | 128↑15.8% | 110 | |
| Cost of Revenue | 109↓8.9% | 120↑18.7% | 101↑286.3% | 26↑476.1% | -7 | |
| Gross Profit | 115↑23.4% | 93↑8.2% | 86↓15.0% | 101↓13.5% | 117 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 55↑2179.1% | 2↓94.5% | 44↑8.8% | 40↑8.7% | 37 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 1↑4.1% | 1↑11.6% | 1↑34.4% | 0.91 | |
| SG&A Expenses | 55↑1335.8% | 4↓91.6% | 45↑8.9% | 42↑9.3% | 38 | |
| Other Expenses | 21↓70.1% | 69↑196.6% | 23↑10.3% | 21↑16.2% | 18 | |
| Operating Expenses | 76↑3.1% | 73↑6.5% | 69↑9.4% | 63↑11.5% | 56 | |
| Total Costs & Expenses | 185↓4.3% | 193↑13.8% | 170↑89.9% | 90↑81.0% | 49 | |
| Operating Results | ||||||
| Operating Income | 40↑98.9% | 20↑14.3% | 17↓54.3% | 38↓37.3% | 61 | |
| Depreciation & Amortization | 5↓1.5% | 5↓0.1% | 5↑30.2% | 4↑59.5% | 2 | |
| EBITDA | 44↑79.4% | 25↑11.1% | 22↓46.8% | 42↓33.8% | 63 | |
| EBIT | 40↑98.9% | 20↑14.3% | 17↓54.3% | 38↓37.3% | 61 | |
| Interest & Other Income | ||||||
| Net Interest Income | 105↑29.2% | 81↑4.6% | 78↓20.5% | 98↑11.3% | 88 | |
| Interest Income | 211↑5.1% | 201↑13.3% | 178↑50.9% | 118↑26.3% | 93 | |
| Interest Expense | 107↓11.2% | 120↑20.1% | 100↑398.7% | 20↑268.7% | 5 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 40↑98.9% | 20↑14.3% | 17↓54.3% | 38↓37.3% | 61 | |
| Income Tax Expense | 9↑110.8% | 4↑9.5% | 4↓55.5% | 9↓36.1% | 14 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 30↑95.5% | 16↑15.7% | 13↓53.9% | 29↓37.7% | 47 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 30↑95.5% | 16↑15.7% | 13↓53.9% | 29↓37.7% | 47 | |
| Bottom-Line Net Income | 30↑95.5% | 16↑15.7% | 13↓53.9% | 29↓37.7% | 47 | |
| EPS (Basic) | 3.77↑96.4% | 1.92↑15.0% | 1.67↓54.4% | 3.66↓38.6% | 5.96 | |
| EPS (Diluted) | 3.75↑96.3% | 1.91↑15.1% | 1.66↓54.0% | 3.61↓38.3% | 5.85 | |
| Weighted Average Shares | 8↓0.4% | 8↑0.4% | 8↑1.1% | 8↑1.5% | 8 | |
| Weighted Average Diluted Shares | 8↓0.3% | 8↑0.5% | 8↑0.1% | 8↑1.0% | 8 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.